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Trump taps Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency [Video]

President-elect Donald Trump announced today that Elon Musk will head the new Department of Government Efficiency, a non-governmental commission aimed at reducing government waste and cutting federal bureaucracy. Musk will work alongside entrepreneur Vivek Ramaswamy to achieve substantial structural reforms within federal agencies. 

According to Trump’s statement, the two are tasked with achieving this goal by the 250th anniversary of the Declaration of Independence, July 4, 2026.

“I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the Department of Government Efficiency (‘DOGE’). Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies — Essential to the ‘Save America’ Movement,” Trump said. 

Why did Trump choose Elon Musk and Vivek Ramaswamy for this initiative?

Trump’s statement emphasizes Musk’s and Ramaswamy’s backgrounds in entrepreneurship as …

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Small Business Lifestyle

We have multi-decadal growth ahead: Swiggy's top brass on IPO plans - The Economic Times Video

Swiggys Rs 11,000 Cr IPO is set to launch on November 6, 2024. In an exclusive interview with ETMarkets, MD & Group CEO Sriharsha Majety and CFO Rahul Bothra discussed what sets Swiggy apart, why retail investors should consider investing, and what the financials reveal. Watch!